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User Stats

340
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70
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James McGovern
  • Flipper/Rehabber
  • Bloomfield CT
70
Votes |
340
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Buyer Agents and Virtue Signaling

James McGovern
  • Flipper/Rehabber
  • Bloomfield CT
Posted

What are the best practices for listing a property to virtue signal that there will be a buyers agent commission paid by the seller based on buyer agent behavior such as ensuruing that the offer contains an appraisal gap coverage, waives inspection and other elements that are desirable by sellers?

User Stats

336
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217
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Bob P.
  • Investor
217
Votes |
336
Posts
Bob P.
  • Investor
Replied
Quote from @James McGovern:

What are the best practices for listing a property to virtue signal that there will be a buyers agent commission paid by the seller based on buyer agent behavior such as ensuruing that the offer contains an appraisal gap coverage, waives inspection and other elements that are desirable by sellers?

On my listing, the agent simply said that there is a buyer's agent commission of x% on full price offers with no unreasonable contingencies. I get to define what is "unreasonable".

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4,840
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4,210
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Bruce Lynn#2 Real Estate Agent Contributor
  • Real Estate Broker
  • Coppell, TX
4,210
Votes |
4,840
Posts
Bruce Lynn#2 Real Estate Agent Contributor
  • Real Estate Broker
  • Coppell, TX
Replied
Quote from @James McGovern:
From what I understand there is to be NO virtual signaling.  Better ask your broker, your MLS, and your association.
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